STAND UP INDIA

  • The Scheme is for financing SC/ST and or Women Entrepreneurs

  • The objective of the Scheme is to facilitate bank loans between 1O lakh and 1 crore to at least one SC or ST borrower and at least one woman borrower per bank branch for setting up greenfield enterprise.

  • Eligibility for SC/ST or Women Entrepreneurs is above 18 years of age.

  • Composite loan (Inclusive of term loan and working capital) between Rs.10lakh and up to Rs.100 lakhs

  • The loan may secured by collateral security or guarantee of Credit Guarantee Fund Scheme for Stand up India loans ( CGFSIL) as decided by banks.